Swedish subscription management platform Minna Technologies has raised EUR5.6 million in a Series A funding round led by Zenith Group and joined by blue chips Visa and Swedbank.

Swedbank expects to receive its share of the consideration through Visa Sweden during the third quarter of 2016, at the earliest. In addition, the second tranche is a potential earn-out, subject ...

Subject to completion of Visa Inc.’s acquisition of Visa Europe and Visa Sweden´s decision to distribute the proceeds, Swedbank will report a gain in 2016 as a result of said acquisition.